The value of homeowner equity in the United States increased from approximately 8.77 trillion U.S. dollars in 2010 to approximately 29.3 trillion U.S. dollars in 2022. The home equity value is calculated by subtracting the value of remaining mortgage debt from the market value of the real estate property. That means that the value of home equity increases as the debtor pays off the mortgage.
Value of homeowner equity in real estate in the United States from 1960 to 2022
(in trillion U.S. dollars)
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St. Louis Fed. (June 8, 2023). Value of homeowner equity in real estate in the United States from 1960 to 2022 (in trillion U.S. dollars) [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/375865/value-of-homeowner-equity-usa/
St. Louis Fed. "Value of homeowner equity in real estate in the United States from 1960 to 2022 (in trillion U.S. dollars)." Chart. June 8, 2023. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/375865/value-of-homeowner-equity-usa/
St. Louis Fed. (2023). Value of homeowner equity in real estate in the United States from 1960 to 2022 (in trillion U.S. dollars). Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/375865/value-of-homeowner-equity-usa/
St. Louis Fed. "Value of Homeowner Equity in Real Estate in The United States from 1960 to 2022 (in Trillion U.S. Dollars)." Statista, Statista Inc., 8 Jun 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/375865/value-of-homeowner-equity-usa/
St. Louis Fed, Value of homeowner equity in real estate in the United States from 1960 to 2022 (in trillion U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/375865/value-of-homeowner-equity-usa/ (last visited September 20, 2024)
Value of homeowner equity in real estate in the United States from 1960 to 2022 (in trillion U.S. dollars) [Graph], St. Louis Fed, June 8, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/375865/value-of-homeowner-equity-usa/